Titan Grove Completes Selling of Modus to Bow River City, a leading provider of 5G broadband services

Titan Grove Holdings ("Titan Grove") announced today that it has completed the sale of NextEdge Networks Holdings and its wholly-owned subsidiary, Modus (collectively, "Modus"), to Bow River Capital ("Bow River"), a private equity firm based in Denver, Colorado. Modus was built upon a simple thesis with clear supporting goals: i) the U.S. presents a highly attractive market opportunity with 5G network buildout expected to span many years, ii) 5G networks support smart city infrastructure and deliver a range of related social and environmental benefits and iii) a B Corp designation would prove out the ability for businesses to both be profitable and a force for good.